Polymarket Security Incident: $2.68M Reportedly Drained
A security incident on Polymarket reportedly resulted in $2.68M being drained from users in under an hour, with suspicious withdrawals flowing through Polymarket's own deposit wallet infrastructure from a previously empty wallet that activated at 17:05 UTC.
What we know
An account on X reported that at 17:05 UTC, a previously empty wallet began processing hundreds of withdrawals through Polymarket's own deposit wallet infrastructure. $2.68M was reportedly stolen within the hour. The incident echoes broader concerns about AML and platform data practices raised by another account on X, who separately highlighted how Binance sharing a user's data with the Russian government led to a 13-year prison sentence — and why privacy tools matter.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.